Heuermann, Daniel F. - Institut für Arbeitsrecht und Arbeitsbeziehungen in … - 2008
employment shocks. Both findings provide evidence that labor pooling matters as a source of agglomeration economies by allowing … agglomeration economies, i.e. we examine whether firms share risks from idiosyncratic and sector specific shocks through labor … pooling. Estimating wage functions we find that job turnover depresses wages at the regional and the firm level, indicating …